The December figure was 7% higher than in November while, in value terms, the amount transacted last month was 8% more than the preceding o...

The latest appointments are a part of the company's ambitious plans to drive growth, through branchless banking, across emerging businesses...

This will enable SMEs to avail cash management and other financial services which were earlier only accessible to large corporates and ERP ...

IDFC Bank was the first to launch Aadhaar-enabled biometric payment even before Prime Minister Narendra Modi flagged it off on April 14.

While SBI did not respond to a mail seeking an official response, a senior official confirmed the development on the condition of anonymity.

The Indian financial services sector is experiencing a plethora of regulatory changes as it gears up to meet local and international standa...

Many accounts opened in rural parts, at present, remain comparably inactive and hence operationally inefficient and less profitable for the...

Mobile users could deposit and draw cash instantly from these accounts through a banking intermediary called business correspondent (BC).

Corporation Bank, a premier public sector bank, is in the process of rolling out special and exclusive services for senior citizens.

From a jacket that controls temperature to a rural branchless banking system, here is a sample of innovations likely to change lives.

The Reserve Bank of India (RBI) on Thursday made it clear that it has no solution for Micro finance Institutions that have been hit, but sa...

The Prime Minister, Dr Manmohan Singh, on Friday reviewed the progress towards financial inclusion by banks in India.

The Reserve Bank deputy governor KC Chakrabarty on Saturday said all the villages will have banking services by 2015.

The current high interest rates in the country will begin to moderate in the next six to 12 months, Finance Minister P Chidambaram said on ...

Corporation Bank and Indian Institute of Management, Ahmedabad have mutually agreed to have tie-up arrangement for the students to pursue h...

Corporation Bank has tied up with Indian Institute of Management, Ahmedabad to provide loans to students pursuing higher studies at the pre...

State-run lender Punjab National Bank plans to raise Rs 4,000 crore through bonds to meet its credit needs.